The head of the Sevastopol “Fatherland” will re-register his business in Russia
Kyiv - Sevastopol, June 10 (Navigator, Mikhail Ryabov) - Ukrainian millionaire Yuri Tryndyuk, ex-deputy from Batkivshchyna and head of the party organization in Sevastopol, announced his intention to maintain his business in Crimea and re-register enterprises in Russia.
He said this in an interview with the Ukrainian magazine “New Time”.
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“Russian legislation for food industry in terms of taxation is better than in Ukraine,” Tryndyuk named one of the main reasons for the re-registration of Crimean assets.
The businessman’s “Tsar Bread” occupies about 80% of the market in Sevastopol and approximately 30% throughout the Crimea, the publication clarifies.
Tryndyuk clarified that he will register the plant in the Russian Federation no later than July.
He said that he is not afraid of Russian competitors, as he has modernized production.
Following the increase in salaries for public sector employees, Tryndyuk also decided to increase salaries for Tsar Bread employees. But the millionaire explains the increase in prices for products by the higher cost of services from Russian suppliers, assuring that in Crimea the price of bread is still lower than the average for the Russian Federation.
The head of Sevastopol's Batkivshchyna party will re-register his business in Russia.